Question
Present Value (Question) You work for a local nonprofit in fundraising. A benefactor offers to gift the organization $50,000 now or $100,000 in 7 years.
- Present Value (Question)
You work for a local nonprofit in fundraising. A benefactor offers to gift the organization $50,000 now or $100,000 in 7 years. You know that the organization can invest the funds and receive a guaranteed 4% return for 7 years. Which option would you choose for the organization (assuming there is no uncertainty around receiving the gift in 7 years)?
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Financial Mathematics Derivatives And Structured Products
Authors: Chan
1st Edition
9811336954, 978-9811336959
